OptumRx, CVS collaborate with goal of cost reductions for customers

OptumRx and CVS have plans to release a new pharmacy network solution for their employees.
OptumRx and CVS have plans to release a new pharmacy network solution for their employees. | File image
OptumRx and CVS Pharmacy say their collaboration that will provide improved health outcomes that are cost-efficient for consumers and clients while giving them more suitable choices.
“Our new strategic relationship with CVS Pharmacy will benefit our clients and consumers by improving access to medications, driving better health outcomes, and reducing costs,” OptumRx CEO Mark Thierer said. “By deepening our relationship, we can develop innovations that further modernize and enhance pharmacy care.”
The partnership between the two companies will offer more convenience and value. The following is what the new pharmacy network solution will offer employees of both companies:
“Provides eligible OptumRx members the option to fill 90-day prescriptions at prices equal to home delivery copay levels at CVS locations nationwide or through OptumRx home delivery; Increases consumer engagement and improves health outcomes through the combination of OptumRx’s leading pharmacy and clinical solutions with CVS Pharmacy’s leading in-store health and wellness capabilities; Enables OptumRx and CVS Pharmacy to leverage a shared pharmacy platform to develop new pharmacy and health solutions for clients and consumers.”
The availability of the new 90-day pharmacy solution is expected to begin on July 1 of next year for commercial clients of OptumRx.